I'm in a re-negotiation year. I came into a situation where our group is paid out in the 80% percentile for wRVU with a contract that is 100% production based.
Traditionally my partners production was in 30% nationally, so their overall salary equates to about the 50th percentile.
I've been doing 90th percentile production so I've had a good year to date (first year they took a cut, now I'm partner and keep a 100 percent).
The hospital is saying that now my FMV falls outside what is acceptable and they're making proposals to cut my salary in different ways (about 30-40% drop in total income) to the median plus 10% given that I live in a rural area.
I was told by an outside admin friend that individual production shouldn't factor in to it. As long as my price per RVU falls into a certain category than I should be fine even if total compensation is >90th percentile nationally due to individual production. Local admin saying different. .. my 80% RVU can be justified by being a single hospital in a very rural small town with a difficult to recruit specialty.
Anyone familiar with such a scenario?
Traditionally my partners production was in 30% nationally, so their overall salary equates to about the 50th percentile.
I've been doing 90th percentile production so I've had a good year to date (first year they took a cut, now I'm partner and keep a 100 percent).
The hospital is saying that now my FMV falls outside what is acceptable and they're making proposals to cut my salary in different ways (about 30-40% drop in total income) to the median plus 10% given that I live in a rural area.
I was told by an outside admin friend that individual production shouldn't factor in to it. As long as my price per RVU falls into a certain category than I should be fine even if total compensation is >90th percentile nationally due to individual production. Local admin saying different. .. my 80% RVU can be justified by being a single hospital in a very rural small town with a difficult to recruit specialty.
Anyone familiar with such a scenario?
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